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Shell Canada pulls regulatory application for Pierre River oilsands project
2015-02-23 22:37:07| Oil & Gas - Topix.net
Shell Canada Ltd. says it's pulling its regulatory application for the proposed Pierre River oilsands project north of Fort McMurray, Alta., in order to focus on existing operations. The move is the latest blow to the oilsands as companies look to cut costs and capital spending plans following the drop in oil prices.
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Category:Energy and Environment
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